Feasibility of Trillion-Dollar Platinum Coin Discussed by US Government, FOIA Documents Show

The trillion-dollar coin, an idea that surged as a solution to raising the U.S. debt ceiling on more than one occasion, was recently revealed to have been considered by the government several times. Memos obtained via FOIA requests by journalist Jason Leopold show that, even though it was considered outrageous by some, it was seriously … Read more

Trump Suggests Paying off $35 Trillion National Debt With Bitcoin — Wants US to Be Leader in Crypto

Former U.S. President Donald Trump emphasized the importance of the U.S. leading in cryptocurrency, suggesting that the government could pay off its $35 trillion national debt with bitcoin. He described crypto as “a different form of currency” that is already “prominent” and “massive,” stating that “it’s going to end up benefiting the country.” Trump Advocates … Read more

Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 Trillion

A recently published forecast stemming from the Federal Reserve Bank of Cleveland’s Inflation Nowcasting data indicates upcoming U.S. consumer price index (CPI) metrics will likely be elevated. The newly predicted CPI levels were recorded the same day America’s gross national debt surpassed $31 trillion on October 4, as the country’s growing debt continues to rise … Read more